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08-08-2017, 11:20 AM #1
client wants term loan, certainly qualifies for one - cant get approved
my client did upwards of $2MM in rev YTD, and $1.6MM in previous calendar year. net positive on P&L 3 years in a row. 750 FICO, has two tax liens for 35-40k BUT HAVE BEEN PAID and vacated...
we tried to get him lending club & funding circle - cant get him approved - FOR WHAT REASON? no idea. not to mention he has a 2 year payment history of paying daily MCA's without flaw.
he wants $150k...
anyone have experience dealing with this? i was thing fundation or onemain/springleaf...Anthony Diamond
Underwriter
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